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Q2: How large of a loan would be needed by year end 2007 to allow Jones Electrical to take advantage of the discount offered by
Q2:How large of a loan would be needed by year end 2007 to allow Jones Electrical to take advantage of the discount offered by his suppliers?Consider the impact of these discounts on COGS and Inventory as well. You can assume dividends are $0.
Note: This problem requires Excel to iterate circular references OR use goal seek.
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